...of respected criteria that govern the field of accounting, which consist of rules that accountants must comply by. In this paper first it is going to explain the principles of accounting. Next, give an aspect to the value and important of corporate compliance when using generally accepted accounting principles. In addition, address the importance of cooperate compliance and its relationship with ethics, fraud, and abuse The general accepted accounting principles (GAAP) is a set of accounting principles, standards, and procedures that health care organizations uses to compile financial statements. The general accepted accounting principles also steers health care organizations in recording business transaction. However, general accepted accounting principles are not rules, but are six sets of principles for a health care organization to follow for recording. .The first principle is economic entity, which allows accountants to keep the sole proprietors business transaction separate from the owner’s personal transactions. The second principle is accrual basis, which is a method of book keeping that accountant uses to record financial events on the bases of cash flow and cash position. The third principle is revenue, and recognition, which financial accountant’s uses to recognize debit and credits. The fourth principle is relevance, which is a process in accounting that makes a difference in a decision making because it provides relevant information on either predictive, or feedback...
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...there is conflict but has an alternative view to tradition Marxists. Marx believes that religion is made to keep the bourgeoisie and the proletariat separate from one another. He states that religion oppresses the working class by giving them a good work ethic by telling them to go to church and that they would be rewarded in the afterlife if they work hard. This allowed the ruling class to exploit them without them knowing, with full consent as they are too absorbed by being rewarded in the afterlife (e.g. going to heaven). This is why religion is said to be the division of classes. However, Durkheim disagrees with this and states that religious institutions play a central part in creating and maintaining value consensus, social order and social solidarity. This is said to be done through the sacred and profane. Sacred things inspire awe and wonder whereas profane things have no special significance, and are “mundane”. The argument is that worshiping the sacred is worshiping society due to the mass amount of power society has and provokes such a feeling. This means religion creates social solidarity within society as people who believe in religion share the same norms and values. Furthermore, religion can give healing to the poor and has the potential to change society. Many argue that religion promotes equality through the holy book(s). Communism in the modern day causes a lack of religion among many people, and in the modern day, many more people from the working class are working...
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...of business generally. There are many causes of the Enron collapse. Among them are the conflict of interest between the two roles played by Arthur Andersen, as auditor but also as consultant to Enron; the lack of attention shown by members of the Enron board of directors to the off-books financial entities with which Enron did business; and the lack of truthfulness by management about the health of the company and its business operations. In some ways, the culture of Enron was the primary cause of its failure. Zimbabwean companies can draw a number of lessons from the Enron scandal. The lessons learnt from the Enron scandal have been one of the bases for the development of more robust corporate governance recommendations and legislation in some countries, for example the Sabanese-Oxley Act in the United States. According to Nowroozi (2002), the failures and lessons associated therewith can be classified as follows: Fudiciary failure Enron’s board clearly failed in its fudiciary duties to safeguard the shareholders’ interest in the following ways: * It allowed Enron to engage in high risk accounting * It allowed transactions carrying obvious conflicts of interest * It allowed off-the-book activities to go undisclosed as well as; * Lavish compensation policies The board may have been misled by management and, in some cases, by the Auditor. The board of directors must exercise due care in the...
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...Career Profile: Sound Technician Canadian Music Industry I ENT 1301 Tony Sutherland Monday, October 26, 2012. Sound Technician Duties & responsibilities: * With effectively with producers and performers to achieve the desired sound. * Successfully mix and edit voices, sound effects and music for songs, albums and live performances. * Use a sound board, and successfully record sounds with recording equipment. * Separate and combine sound clips. * Experience: * Skills & Personality Traits: * Great communication skills. * Hand-eye coordination. * Active listening. * Detail orientated. * Open mind. * Computer savvy. * Able to work under pressure and maintaining a great work ethic. Entry Level Salaries: Becoming a sound technician, the entry level salaries vary. It ranges from $24,000 to $40,000 a year. Companies with positions: Stush Records | Cherry Beach Sound | Metal Works Production Group | ZoomerMedia Limited | True North Records | Mint Records | Tips: Bibliography Websites: "Sound Technician Duties and Responsibilities." Sound Technician Job Description: Responsibilities, Skills and Qualifications. N.p., n.d. Web. 25 Nov. 2012. <http://www.thejobexplorer.com/Job_Description/Sound_Technician.html>. ""Sound Engineering Technician" Job Description - Part 1." Sound Engineering Technician Job Description, Duties and Jobs. N.p., n.d. Web. 25 Nov. 2012. <http://job-descriptions...
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...Group :9 abdulatif ibrahim almulhim 2140001216 Ibrahim alkhatib 2140010045 Mohammed alanazi 2130008809 Ali Awad Define and arriculate hoe eTherapy could be viewed as in information system (input)(processing )(output constituents ) ? E-therapy is a term that has been coined to describe the process of interacting with a therapist online in ongoing conversations over time when the client and counselor are in separate or remote locations and utilize electronic means to communicate with each other. It is a relatively new modality of assisting individuals resolve life and relationship issues. E-therapy utilizes the power and convenience of the internet to allow simultaneous (synchronous) and time-delayed (asynchronous) communication between an individual and a professional. For the purposes of this paper, e-therapy is defined as a licensed mental health care professional providing mental health services via e-mail, video conferencing, virtual reality technology, chat technology, or any combination of these. It does not include self-help methods such as public bulletin boards or private listservs. E-therapy is not psychotherapy or psychological counseling per se since it does to presume to diagnose or treat mental or medical disorders. However, e-therapy is flexible enough to also address many difficulties which clients present to the online therapist. As in other types of therapy, such as bibliotherapy, occupational therapy, and rehabilitation...
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...requirements of a scientific profession, there is a need for scholarly inquiry and nursing research in order to maintain autonomy and distinction of the Nursing perspective separate from other disciplines. An editorial published in the Journal of Nursing Scholarship noted that “the distinguishing feature of a profession is how its practitioners use knowledge to make a difference” (Hegyvary, 2007). The evidence generated by Nursing scholars influences global health initiatives and policy worldwide. The need for field wide scholarly inquiry, the application of rigorous scientific standards to research, and the importance of stringent ethical and legal protection for research subjects has been the subject of numerous articles, books, and papers. The Nursing Profession has a responsibility to engage in scholarly research for many reasons that will be discussed in depth within this paper. Importance of Nursing Research to the Nursing Profession As noted in the introduction, in order to maintain its status as a unique, autonomous profession, Nursing as a field must continually refine and expand its scientific knowledge base. The AACN position statement summarizes the importance of research to the profession by stating “The essence of a discipline is its body of scientific knowledge, its system of values and ethics, and its societal worth” (AACN, 2006). It is important to firmly establish that Nursing is an independent profession and not a subset of Medicine. If Nursing were a subset...
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...For smaller companies with less than 125,000,000 in revenue becoming publically traded and compiling with SOX can be a significant obstacle. “A company must have a set of rules in place that act as internal controls to prevent fraud and detect it when it does occur. In addition to maintaining internal controls a company must also hire an independent auditor to attest that the internal controls are adequate and working. The company’s executives and board of directors must ensure that these controls are reliable and effective (Kimmel, 2013)”. Although it is not required, most publically traded companies have established a code of conduct and also an ethics board to review questionable actions and decisions made. When there is a system in place that gives guidance and management supports that system it is less likely that an employee will be able to commit fraud or other unethical activities. Fraud can occur when there is opportunity, a perceived need due to financial pressure, and rationalization, what I am doing isn’t wrong. Preventing fraud is a matter of having controls which prevent opportunity, maintaining control and promoting from top management to the employee level the importance of ethics and integrity in the company. Internal control systems vary by company but they need to include top down ethical culture, risk assessment, control activities, information and communication, and monitoring (Kimmel, 2013). Failure to...
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...Ethics of Publishing Studies on Modern Societies Throughout the years anthropologists have been asking tough questions about the ethics involved in studying other cultures. Many answers to these tough questions have been given, but few of these answers are shared universally by anthropologists. Anthropologists have come to follow a set of guidelines based strongly on anonymity and objectivism, but as the world grows into a more modern state these guidelines must be reviewed and questioned as the nature of research changes. Two separate ethnographies detailed in the essays “The Anthropological Looking Glass” and “Grief and a Headhunter’s Rage” written and performed by Nancy Scheper-Hughes and Renato Rosaldo, respectively, show the broad range of consequences that occur in the societies under study when following similar ethical codes of conduct. More specifically, the change that may occur in these societies is a result of the publishing of the studies, not necessarily the act of performing the study in and of itself. The current code of ethics shared by the anthropological community is ill equipped to deal with studies involving modern societies. Modern societies, those that are well connected with the world outside of them, are exposed to cultural interference from the publication of ethnographies performed on them. This interference can cause change in a subject society’s normal and natural rate and direction of cultural growth. Cultural interference and the change imposed in...
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...BUSINESS ETHICS REPORT ON ETHICAL PRACTISES OF PAKISTAN GEMS AND JEWELRY DEVELOPMENT COMPANY ACKNOWLEDGEMENT First of all we would like to thank Allah Almighty for giving us the strength, Knowledge and resources to make our work easy and possible. Without His blessings we would not have come this far. Then we the student of Bahria University would like to thank our course instructor Sir Shaikh Muhammad Ali who taught us Business Ethics and for giving us an opportunity to make a report on Pakistan Gems and Jewelry Development Company. We would like to thank Mr. Khalid Aziz the General Manager of the company who take out some time and briefed us on our queries, without whom this report would not be possible. Executive summary This report contains information about one of the jewelry manufacturing company of Pakistan named Pakistan Gems and Jewelry Development Company. The report consists on the following: company’s history, vision and mission statement, core values, its strategies. Through our survey while preparing our report and gathering information on PGJDC we came to know about certain things which gave us an upper hand to make our report more interesting and they are the compulsion and benefits being offered by PGJDC to its employees. In the last we compiled the training program of PGJDC which is definitely the core ingredient of this report. At the very end we have provided the URL links from which we take some information while preparing our report. ...
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...Case study on NES China – Business ethics 1.Problem Statement The case about a company NES which is a Germany-headquartered multinational company that builds heavy machinery, automotive systems, electrical drives and steel tubes and pipes It began business in China since 1889, with 20 representative offices, 6 equity joint ventures, and 3 wholly owned enterprises. Now The Company wants to set up a holding company to facilitate its manufacturing activities in China. The case brings about the conflict between Western and Chinese business practices and protocols resulting in ethical dilemma. 2.Central issues of the case (2x2 matrixes) | | Importance | | | High | Low | Urgency | High | Obtaining approval for the holding company within a month | Uphold strong ethical culture and good corporate image as a publicly traded company | | Low | Develop a special ethical code to recognize Chinese business culture | Career development of people responsible for the approval | 3.Case problems The core issue around this case is the major differences between Chinese and western ethical values. It is common, in most developed Western countries, for businesses and government officials to closely follow business rules and regulations that are straightforward and by the books. There is absolutely no room for working around any of them, without risking your reputation and ultimately your career. It is common for Western cultures to implement internal audits to...
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...the dependence of the welfare and fraud of the system. As society grew so did the problems of society, which lead to the development of what was called Settlement houses which provided a holistic approach to poverty. This new concept gave emphasis on issues such as empathy and acceptance surrounding issues related to the people of the community who needed help, also promoting ideas of comprehensive care involving poverty. This movement brought to light how the undeserving people who were experiencing abnormal circumstances were still human and need a chance; even though the Settlement House was active in dealing with the ongoing issues of poor people, there was reluctance from the public sectors when it came to supporting. In our history books the Hull House, which was a famous Settlement House, closed in 1963, giving way for a new reform...
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...Code of Conduct Assessment April 24, 2016 LEG: 505 Government Contract Law Assignment 1 A company’s reputation is vital when it comes to creating a successful business, and the majority of business a company receives is based on how the company displays their ethics. It is one of the most important aspects of business, and determines the longevity of a business. When building a business, it is said that loyalty is key. If the customers or clients a company receives are extremely loyal, it is usually converted into free publicity. Many customers will continue to give their business to a company that they feel have strong ethical codes, which is why ethics is so important in business. The growth of a business depends on a company creating a clear, concise Code of Conduct so that there is an overall understand of what is expected of each employee within the business. RP Services is a company that is built on integrity and has made it its mission to protect all information with the most advanced products and services. Upon its creation, it has been vital to uphold an unwavering moral code, and has continued to make sure this is throughout its entire company. Even though the company is in its beginning stages, the level of professionalism and security presented by its employees radiates well past its 4 years of experience with data services. RP provides servers and storage for small businesses and government...
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...Book Review Summary of Oswalt, John, N.“ The Bible Among the Myths.” Anglican Theological Review (Spring 2003): 341-360. OBST 590 LUO (Summer 2013) Liberty Baptist Theological Seminary Lee B Yarbrough (ID# L5943213) June 2, 2013 CONTENTS INTRODUCTION 1 PART I. The Bible and Myth Chapter 1. The Bible in Its World 2 Chapter 2. The Bible and Myths: A problem of Definition 3 Chapter 3. Continuity: The basis of Mythical Thinking 4 Chapter 4. Transcendence: Basis of Biblical Thinking 5 Chapter 5. The Bible Versus Myth 6 PART II. The Bible and History Chapter 6. The Bible and History: A Problem of Defition 7 Chapter 7. Is the Bible Truly Historical? The Problem of History (1) 8 Chapter 8. Does It Matter Whether the Bible is Historical? The Problem of History (2) 9 Chapter 9. Origins of the Biblical Worldview: Alternatives 10 Conclusions 11 Introduction Oswalt starts with a concise and well-written introduction that is compelling reading. He shares some very revealing personal information dating back to the 1960s, when he attended Asbury Theological Seminary. Oswalt quickly points out that one of the main points the book will focus on is determining if “the religion of the Old Testament [is] essentially similar to, or essentially different from, the religions of its neighbors...
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...Based on a book by the same name Author: Stephen Covey Published 1989 Many ideas taken from the web The success literature of the last half of the 20th century largely attributed success to personality traits, skills, techniques, maintaining a positive attitude, etc. This philosophy can be referred to as the Personality Ethic. However, during the 150 years or so that preceded that period, the literature on success was character oriented. It emphasized the deeper principles and foundations of success. This philosophy is known as the Character Ethic, under which success is attributed more to such characteristics as integrity, courage, justice, patience, etc Personality Ethic are secondary. • Secondary traits may help one to play the game to succeed in specific circumstances • Long term success requires both • Ralph Waldo Emerson: "What you are shouts so loudly in my ears I cannot hear what you say." • Absolute principles that exist in all human beings. Examples of such principles are fairness, honesty, integrity, human dignity, quality, potential, and growth. Principles contrast with practices that are for specific situations whereas principles have universal application. Dependence: the paradigm under which we are born, relying upon others to take care of us. • Independence: the paradigm under which we make our decisions and take care of ourselves. • Interdependence: the paradigm under which we cooperate to achieve something that cannot be achieved independently...
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...Brianna Backiel Professor Brian French ENC1102 February 25, 2016 In “Cosmopolitanism,” Kwame Appiah uses this term to explain the responsibility that each member of the universe has to one another; a responsibility that goes beyond just country borders. He believes that in this day in age we separate ourselves from others with whom we do not share the same nations, opinions, customs, etc.. Appiah says, “In the wake of 9/11, there has been a lot of fretful discussion about the divide between us and them” (72). In the world today humans have a tendency to be fearful and hesitant when it comes to things we do not understand or that are different. This may be partially human nature; however, this intolerance was definitely heightened drastically after the events of 9/11. In our post 9/11 world the state of cosmopolitanism, if adopted, would greatly improve communication with other nations and lead to a progression of knowledge. In this reading Appiah really explores the way we humans communicate with each other and the problems that arise. He concludes that in many ways we might hear each other but we do not listen. Our preconceptions of other’s ideas, cultures, and beliefs cloud the conversations that we have with individuals with whom we do not share coinciding beliefs. Appiah also says, “conversations across boundaries can be fraught, all the more so as the world grows smaller and the stakes grow larger” (68). This means that the stricter we humans affiliate only with our...
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